Obozo spent eight years inflating the stock market.
'Quantitative Easing' is still going on . . .
Historically speaking we do have 'bubbles' which pop
followed by spectacular stock market price drops.
Seems to me dividend yields are very low . . . .
I know that some twenty years ago when I started
investing (before Y2K) dividend yields were quite
a bit higher than they are now. Which, to me,
suggests a stock market bubble.
What I would like to see is for quantitative easing
to end. Interest rates to go back up to something
more resembling 'normal'. Stock share prices to go
down slowly. The economy to significantly improve
dividends go up to a more sensible level.
With interest rates paid by banks being pathetically
poor . . . and bond dividend rates being likewise
depressed . . . well, small wonder dividend paying
stocks prices have been bid up higher than they
probably ought.
Under these conditions what is a guy to do to ensure
a decent income. . . .
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